Category: Motor Vehicle Value Claims

insurance adjuster secrets

9 Secrets the Insurance Adjuster Doesn’t Want You to Know

After a serious car crash, you will likely work with an insurance adjuster on the road to receiving compensation and benefits. Unfortunately, the insurance company does not have your best interests in mind, which can sometimes make the process of filing a claim overwhelming.

The good news is that you don’t have to go into negotiations unprepared. In this article, we’ll share nine industry secrets to help you navigate this complicated process.

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Dealing with Diminution in Value Claims

When a negligent driver causes a motor vehicle collision by wrecking another car, the innocent victims suffer many losses. One of these losses is a loss suffered by the owner of the vehicle: the loss in the value of the automobile. This claim is called a diminution in value claim and North Carolina law allows for compensation for the loss. For newer cars especially, these claims can be important. The negligent driver’s insurance company is not going to remind the owner/victim about this claim, so it must be brought to their attention.

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